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    Kazakhstan

    Kazakhstan targets $41bn export in processed goods by 2025

    Kazakhstan targets $41bn export in processed goods by 2025

    Aizhan Bizhanova, the First Vice-Minister of Trade and Integration, has unveiled plans to bolster Kazakhstan's export of processed goods, aiming for an increase to $41bn by 2025, the Ministry of Trade and Integration of Kazakhstan reported. The announcement came during the "Fruits and Vegetables of Kazakhstan – 2024" KAZAGROFOOD Conference held in Almaty.

    Photo: Aizhan Bizhanova unveils plans for Kazakhstan's $41bn export target by 2025
    Source: Ministry of Trade and Integration of Kazakhstan

     

    Addressing the attendees, Bizhanova highlighted the Ministry's commitment to advancing the export of Kazakhstani products globally, aligning with the directive set forth by the Head of State. 

    "The Head of State has set us the task of increasing the volume of non-resource exports to $41bn by 2025," Aizhan Bizhanova noted. 

    Kazakhstan surpassed its 2023 target, achieving $35.1bn in non-resource exports, surpassing expectations by 2%.

    Bizhanova outlined the substantial growth in the export basket of processed goods, which currently comprises nearly 5,900 commodity items. The export of fruits and vegetables witnessed a surge in 2023, with a 30% increase from 645,000 tons to 835,000 tons. Potato exports, in particular, experienced a notable spike, soaring by 70% within a year to 411,000 tons.

    Photo: Over 1.8mn tons of vegetable storage across 901 facilities
    Source: Ministry of Trade and Integration of Kazakhstan

     

    Highlighting infrastructure developments, Bizhanova underscored the extensive network of vegetable storage facilities across the country, totaling over 1.8 mn tons distributed among 901 storage facilities. She also emphasized the implementation of a national standard for farm greenhouses, facilitating their certification and enabling registered greenhouses to receive subsidies for off-season electricity, coal, and gas costs.

    Furthermore, Bizhanova disclosed the operation of nine private wholesale distribution centers (WDCs) within Kazakhstan, with an additional nine WDCs under construction through private investment. The Ministry of Trade and Integration, in collaboration with the Ministry of Agriculture, is actively engaged in bolstering infrastructure to streamline the collection, storage, sorting, packaging, and distribution of fruits and vegetables.

    Bizhanova articulated Kazakhstan's aspirations to emerge as a pivotal overland trade and logistics hub in Eurasia. She underscored the importance of fostering mutual market openings and enhancing supply chains as pivotal objectives in Kazakhstan's economic strategy.

    Previously, it was noted that there has been a rise in Uzbekistan's export of fruits and vegetables, indicating a significant increase compared to the previous year. In January 2024, an impressive 146,300 tons of fruits and vegetables were exported, totaling $75.4mn in value. This export volume demonstrates remarkable growth, with a surge of 2.2 times or 78,800 tons compared to the same period in 2023. This surge emphasizes Uzbekistan's growing presence in the global agricultural produce market, showcasing its potential as a key player in the industry.

     

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    24.02.2024, 19:01   Comments (0)   2204
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